CDIA Welcomes a FELICITY Colleague for a Three-week Learning Exchange on Project Development and Financing
October 26, 2018
From 18 September – 5 October, Itzel Alcerreca, Advisor for Mexico of the Financing Energy for Low-carbon Investment – Cities Advisory Facility (FELICITY) was posted in CDIA for three weeks in order to learn about the approaches, tools and capacity development measures of CDIA – and to apply the new knowledge in the Latin American context.
Like CDIA, FELICITY is a joint initiative between GIZ and a multilateral development bank, in this case the European Investment Bank (EIB). It is funded by the International Climate Initiative (IKI) of the German Federal Ministry for the Environment, Nature Conservation, and Nuclear Safety (BMU) and is GIZ’s first collaborative project with the EIB as an implementing partner that focuses on advisory services and capacity building tailor-made to the needs of municipalities and financial intermediaries in Brazil, China, and Mexico.
The global initiative provides capacity development activities for municipalities to develop bankable projects and access international finance, especially with the purpose of addressing climate change. In this regard, it seeks to facilitate knowledge exchange across countries and regions on the preparation of low-carbon infrastructure projects and conducive regulatory environments.
Some of Ms. Alcerreca’s takeaways from her visit to CDIA were its focused capacity development approach that can also be considered for FELICITY, as well as its monitoring and evaluation instruments, training and communication materials that bring their work closer to the target audience.
She also participated in the joint venture workshop organized by the Public-Private Partnership Center of the Philippines (PPPC), where she witnessed how CDIA assists local and regional development institutions and private companies to work together.
“All in all, the learning exchange was a mutual success, and we, from CDIA liked this kind of knowledge-sharing, as we learned new aspects of attracting climate financing as well. We wish Ms. Alcerreca all the best in her initiative and FELICITY’s work in finding solutions to address the negative impacts of climate change in selected cities of Brazil, China and Mexico,” said Eva Ringhof, CDIA Program Coordinator.